Monadelphous Group Limited (ASX:MND) Plans Dividend Increase – $0.33 Per Share

Monadelphous Group Limited (ASX:MNDGet Free Report) announced a interim dividend on Wednesday, February 19th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.33 per share on Thursday, March 27th. This represents a dividend yield of 2.04%. The ex-dividend date is Wednesday, March 5th. This is a boost from Monadelphous Group’s previous interim dividend of $0.24.

Monadelphous Group Stock Performance

The stock has a market cap of $1.52 billion, a PE ratio of 24.11, a P/E/G ratio of 0.82 and a beta of 1.07. The company has a debt-to-equity ratio of 20.24, a current ratio of 1.65 and a quick ratio of 1.95.

Insider Buying and Selling at Monadelphous Group

In other news, insider Robert Velletri bought 14,534 shares of the firm’s stock in a transaction dated Friday, December 20th. The shares were acquired at an average price of A$13.34 ($8.44) per share, for a total transaction of A$193,883.56 ($122,711.11). Insiders own 6.11% of the company’s stock.

Monadelphous Group Company Profile

(Get Free Report)

Monadelphous Group Limited, an engineering group, provides construction, maintenance, and industrial services to resources, energy, and infrastructure industries in Australia, Chile, Mongolia, Papua New Guinea, and internationally. It operates through Engineering Construction, and Maintenance and Industrial Services divisions.

Further Reading

Dividend History for Monadelphous Group (ASX:MND)

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